China Jo-Jo Drugstores (NASDAQ:CJJD) Coverage Initiated at StockNews.com

StockNews.com initiated coverage on shares of China Jo-Jo Drugstores (NASDAQ:CJJD) in a research note released on Friday morning. The brokerage issued a sell rating on the stock.

China Jo-Jo Drugstores Price Performance

Shares of CJJD stock opened at $1.75 on Friday. China Jo-Jo Drugstores has a 12-month low of $1.34 and a 12-month high of $3.59. The firm has a fifty day moving average of $1.93 and a 200-day moving average of $1.98.

China Jo-Jo Drugstores Company Profile

China Jo-Jo Drugstores, Inc, together with its subsidiaries, operates as a retailer and distributor of pharmaceutical and other healthcare products in the People's Republic of China. The company operates through four segments: Retail Drugstores, Online Pharmacy, Drug Wholesale, and Herb Farming.